Liontrust Asset Management (LON:LIO) Stock Keeps “Buy” Rating at Berenberg Bank

Liontrust Asset Management (LON:LIO)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research report issued on Wednesday, Digital Look reports. They presently have a GBX 390 price objective on the stock. Berenberg Bank‘s target price indicates a potential upside of 38.05% from the company’s current price.

Other equities research analysts also recently issued reports about the company. Royal Bank Of Canada increased their price objective on Liontrust Asset Management from GBX 235 to GBX 270 and gave the company an “underperform” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Liontrust Asset Management to a “sell” rating and raised their target price for the stock from GBX 205 to GBX 215 in a research report on Friday, October 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 362.

Liontrust Asset Management Stock Performance

LON:LIO traded up GBX 2 during mid-day trading on Wednesday, reaching GBX 282.50. 56,778 shares of the stock were exchanged, compared to its average volume of 479,547. The stock has a market capitalization of £174.79 million, a P/E ratio of 18.36, a P/E/G ratio of -1.70 and a beta of 1.47. Liontrust Asset Management has a 1 year low of GBX 223 and a 1 year high of GBX 358. The company has a 50 day simple moving average of GBX 294.41 and a 200-day simple moving average of GBX 280.85. The company has a quick ratio of 1.35, a current ratio of 1.34 and a debt-to-equity ratio of 2.54.

Insider Buying and Selling at Liontrust Asset Management

In other Liontrust Asset Management news, insider Vinay Kumar Abrol bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was acquired at an average price of GBX 285 per share, for a total transaction of £28,500. Company insiders own 9.52% of the company’s stock.

About Liontrust Asset Management

Liontrust Asset Management Plc is a publicly owned investment manager. The firm also launches equity, fixed income, , multi-asset and managed funds for its clients. It invests into the public equity and multi-asset markets across the globe. The firm was formerly known as River and Mercantile Investment Management Limited. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.